Government must act on RB Governor’s call

Posted by Grant Robertson on February 04, 2015

The Government may have ignored the pleas of first home buyers to take action on the housing crisis but it will struggle to ignore the Reserve Bank Governor who said ‘much more needs to be done’ to get more homes built, says Labour’s Finance spokesperson Grant Robertson.

“This Government has failed to deal with the housing crisis and effectively outsourced it to the Reserve Bank.

“But Graeme Wheeler clearly expects the Government to do its duty by saying today: ‘Resolving the housing shortages is key… in Auckland, much more needs to be done, especially in creating opportunities for residential construction’.